Elon Musk has been challenged

Elon Musk has a serious competitor for the title of the richest person in the world - businessman Larry Ellison.

As reported by BAKU.WS with reference to Bloomberg, the fortune of the Oracle co-founder increased by $70 billion after the publication of the company's quarterly report, the results of which exceeded analysts' expectations. Moreover, Oracle forecasts further growth in indicators.

According to the Bloomberg Billionaires Index, Ellison's capital reached $364 billion, which is only slightly less than Musk's fortune, estimated at $384 billion. If the growth of the businessman's assets continues until the start of trading on Wednesday, the index will record a record increase in wealth in a single day.